TCS on Motor Vehicles Above ₹10 Lakh: The Most Misunderstood Provision in Income Tax-And Why Even Second-Hand Dealers, Companies, Firms and Large Individuals Must Comply If there is one provision that has quietly created massive non-compliance across India, it is Section 206C(1F)-TCS on sale of motor vehicles exceeding ₹10 lakh. Many taxpayers, dealers, and…
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